As a responsible driver, you understand the importance of having a great auto insurance policy. However, the more comprehensive the coverage is, the more those monthly premium payments will be. While cutting corners on coverage may lower premium payments, it does so at the cost of peace of mind. Instead, use these simple tips and tricks to help lower your car insurance payments each month.

4 Ways to Reduce Your Auto Insurance Payments

1. Increase Your Deductible

Your deductible is the amount you pay out of pocket anytime you file a claim. The lower the deductible is, the higher the monthly premium costs will be. By increasing the deductible, the premium will go down each month. Keep in mind, though, that it’s important to only increase the deductible to an amount you can afford. Raising it too high may make it too expensive to file a claim in the first place.

2. Ask About Discounts

Most insurance providers offer discounts on coverage for safe driving records, how long clients have been with the company, and even good grades. However, they don’t advertise the discounts. Speak with an insurance agent to see if you qualify for any coverage discounts or what needs to be changed in order to qualify in the first place.

3. Maintain Good Credit

When you purchase an insurance policy, companies often look at your credit score when determining a monthly premium rate. Though it’s not the main deciding factor, low credit can lead to higher premium costs. Make the effort to maintain a good credit score or improve the score if it’s low. Pay down debt, pay bills on time, and reduce how much you borrow from creditors and lenders.

4. Purchase Policies From the Same Provider

Insurance companies often offer lower premium rates to clients who maintain multiple policies through the same provider. If you work with multiple companies for home and auto coverage, ask about bundling policies through the same provider. They may be able to offer more extensive coverage at a lower price.

If you’re looking for an affordable, comprehensive auto insurance policy, turn to the team at Kalita Agency in Watertown, CT. Their experienced insurance agents will help you find coverage that meets your needs at a price you can afford. Visit their website for more information on their coverage areas and call (860) 274-8882 for a free insurance quote today.